The trade wars between China and the USA hit Apple this time, after Huawei. The news that the Chinese government banned government employees from using iPhones caused Apple’s stocks to crash. The giant company lost more than $200 billion in value due to this situation. However, there is something weirder than all this. Although there was no such decision, the Chinese began to completely stop using Apple.
The main reason why such an event occurred in China, ruled by communism, is fear. People started not to use Apple even in their private lives, even though the government did not make such a statement. Because they think the government will hold them accountable for this. In fact, according to the information obtained by some major news sources such as Bloomberg and some shares on China’s social media Weibo, private sector bosses have started to prohibit their employees from using Apple products in their workplaces. Let’s underline once again; The Chinese government has no such decision. For now, everything is just an allegation…
Apple is tracking all Chinese…
One of the speculations spreading among internet users in China is the claim that Apple is tracking all Chinese people. The Chinese, who were warm to this, started to stop using Apple products, especially the iPhone, thinking that the government would eventually hold them accountable. Of course, many Chinese are uncomfortable with this situation. People say that they had to buy a new phone when they were very happy with their phones, especially in the posts they made on Weibo. There are even users who stopped using iPhone and turned to Redmi.
The Chinese market was important to Apple
All of this seems to hurt Apple the most. Because the company has a large share in the Chinese market and what happened, people started to move away from Apple in their private lives. However, Apple met 25 percent of all phones sold in China in the last quarter of 2022 and was at the top. Will Apple and Huawei end up the same? This is very unlikely…